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Rachel Merelie, CMA acting executive director and decision-maker in this case, said: "These companies supply well-known UK shops and brands with soft drinks, who in turn sell these to thousands of people daily.

"It is therefore important that we address any issues to ensure that shoppers do not lose out.

"We have looked at all aspects of this merger and have concerns that the merger could lead to reduced competition in the manufacturing and packaging of certain juice drinks.

"This may result in higher prices or quality standards slipping for stores and brands, with potential knock-on effects to end-consumers."

The CMA will now refer the merger for an in-depth investigation unless Refresco offers acceptable undertakings to address competition concerns.